Coretec Group Inc (CRTG)

[Clonefan]

Business Loan? Really? The loan is basically an insider enrichment loan by Carlton James.

You know, the company owned by BOD Simon Calton! Coretec did not secure any loan from true outside lender on the open market! No other company in their right mind would invest in this POS.

The $2.5 million Carlton James insider loan favors the lender with a Common Share conversion price of .02 many times lower than the current pps. Whether the company ever brings CHS to market or not, Carlton James and it's owner Simon Calton will make out like bandits and dilute the share price in the process.

I wouldn't be surprised if there is some money laundering involved here given the loan came from the Cayman Islands?


Simon Calton

Director, Co-Chairman

Simon Calton has a wealth experience in financing and company structuring. Since 2008 Mr. Calton has structured a number of regulated and Alternative Investment Products in the British Virgin Islands, Cayman Islands, United States and the United Kingdom. In 2012 he co-founded Carlton James Ltd, which specializes in funding specific projects and developments across the globe. In 2007 Mr. Calton co-founded Carlton James Private and Commercial, a project investment, pension administration service and global financing firm which helps to fund projects around the globe